Market Currents
To create a EU system that works requires "fiscal tools - the ability to penalize someone if...
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Monday, January 10, 2011, 4:57 PM ETTo create a EU system that works requires "fiscal tools - the ability to penalize someone if they have sizable deficits," says Lazard (LAZ) vice-chair Gary Parr. Recurring flare-ups in Europe give companies there much to worry about vs. the US where confidence is at pre-crisis levels.
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